CORAL RIDGE
Newport Coast, CA
$9,900,000
Ultra-Luxury Estate Home
Refinance

LFB was engaged by a client looking to complete a refinance on an ultra-luxury single family estate home in the Newport Coast area of Orange County, CA. At the time of financing, the existing loan was approaching maturity and the rate was high single digits. LFB quickly identified a capital source who could navigate the complexity of the luxury market during Covid-19 and also understand the borrowers global hurdles. LFB was able to structure a long term solution for the client which resulted in a 5/1 ARM, interest only loan at 5.5%, on a 30 year amortization with no prepayment penalty.

The recently completed, ultra-luxury home was designed by award winning Homer Oatman Architects as a Northern Italian design mixed with modern luxury interior details. The estate totals nearly 14,000 square feet, has 6 bedrooms and 13 bathrooms, with panoramic ocean views. With two master bedroom retreats, a walk in commercial refrigerator, pool/spa, 7-car subterranean garage, glass theater and an interior elevator, the estate is a complete showstopper.

More Transactions

Escena Master Plan
$9,450,000
Acquisition Financing
Palm Springs, CA
Tilden Townhomes
$7,061,082
5-unit Luxury Townhome Development
Refinance & Construction Financing
Culver City, CA
Cleveland Crossing
$7,085,643
Development and Construction Financing
Woodburn, OR
LFB_Icon_Bird_Color

stay in touch

Today's Rates


This will close in 0 seconds